Ways and Means Requests ITC Report on Forces Affecting U.S. Aluminum Competitiveness
House Ways and Means Republicans are requesting the International Trade Commission investigate and report on factors that impact the global competitiveness of unwrought and wrought U.S. aluminum products, according to a Feb. 24 letter sent from committee Chairman Kevin Brady,…
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R-Texas, to ITC Chairwoman Meredith Broadbent (here). Led by Trade Subcommittee Chairman Dave Reichert, R-Wash., and committee Republicans Charles Boustany, La., Diane Black, Tenn., Tom Reed, N.Y., and Jason Smith, Mo., the request asks for an overview of U.S. and other major aluminum producing countries’ production capacities, capacity utilization, employment, wages, inventories, supply chains, domestic demand, and exports. Furthermore, the GOP congressmen seek information about trade flow through third countries, as well as a strengths-and-weaknesses evaluation to compare production and exports in the U.S. with other major producers, including factors like producer revenue and business costs, input prices and availability, energy costs, manufacturing technology, product innovation, and pricing. The committee requested ITC to provide its report to Congress by the end of June 2017.